CarOffer digital wholesale platform
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Analysts Mixed on CarGurus (CARG) Amid Lower Margin Expectations for 2026
Yahoo Finance· 2026-02-03 10:56
Core Insights - CarGurus Inc. (NASDAQ:CARG) is considered one of the most undervalued stocks to buy and hold for five years, despite a slight reduction in 2026 margin forecasts due to increased investments aimed at sustaining higher growth rates [1] Company Overview - CarGurus Inc. operates as an online automotive platform for buying and selling vehicles, featuring a car listings marketplace, digital retail solutions, and the CarOffer digital wholesale platform [3] - The company has two main segments: the customer-facing U.S. Marketplace and the Digital Wholesale division, which provides dealer-to-dealer services and products sold on the CarOffer platform [3] Analyst Ratings and Price Targets - Following the Needham Growth Conference, J.P. Morgan analyst Rajat Gupta maintained a Hold rating on CarGurus Inc. with a price target of $43.00 [2] - BTIG raised its price target for CarGurus Inc. from $39 to $44 while maintaining a Buy rating, estimating the company's emerging solutions business to be worth approximately $100 million, or about $1 per share [2]